TMNT made over $92 million worldwide and untold amounts on dvd, yet cost only $34 million to make. So why wouldn’t the studio want to make a sequel? Mirage Studios’ Steve Murphy says the idea is becoming a little more likely:

As of two weeks ago Imagi Entertainment (the TMNT movie animation studio) informed Mirage Studios that there was a 50-50 chance of a CGI film sequel. Last week they upped the odds to 70-30 in favor of a sequel, as talks between Imagi and their distribution partners Warner Brothers and the Weinstein Group seem to be heading in a positive direction…

Let’s just hope that they up the maturity level of the sequel a bit. I liked the pop culture flashback trip, but wasn’t a fan of all the stupid stone monsters and things from other dimensions. Can’t we return to the Shredder?

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TMNT director Kevin Munroe says a “very not-so-subtle” sequel set-up is included in the films ending. The director also says he would love to include Shredder in the sequel if it happens: “I do have a deal to do a second one, we’ll just wait and see if it happens. I think it’s going to depend, it’s just all box office at this point.”

We spent most of the weekend at WonderCon in San Francisco. We weren’t able to cover EVERYTHING, but luckily our friends did. Got check out Mel Valentin’s three day report over at the Movie-Vault (Day 1, Day 2, Day 3).